$BNB Eyes $700 After Bullish Rebound
BNB surged 5.2% in the past 24 hours, reclaiming the $650 level and extending its recent uptrend. This move comes as BTC cools off, allowing altcoins like $BNB to steal the spotlight.
The breakout follows news of Binance expanding its Launchpool program, drawing fresh capital into the ecosystem. On-chain data also shows whale wallets accumulating heavily between $580–$680.
From a technical standpoint, $BNB just flipped the 50-day EMA into support and is testing a rising channel breakout. If momentum holds, $700 could be the next major target with resistance sitting thin above $640.